Sridhar Vembu explains why Modi is urging Indians to limit foreign spending
Zoho co-founder and Chief Scientist Sridhar Vembu has offered an economic explanation for Prime Minister Narendra Modi’s recent appeal to Indians to reduce overseas travel, gold purchases and expensive foreign weddings. Responding to questions over why such a message was being given when India’s economy is reportedly expanding at a strong pace, Vembu argued that rapid growth can also increase… Continue reading "Sridhar Vembu explains why Modi is urging Indians to limit foreign spending"